Lonking
Chinese construction machinery company founded in 1993, listed on the Hong Kong Stock Exchange in 2005.
Last updated October 9, 2026
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Overview
中国龙工控股有限公司 is described on its official history page as a leading enterprise in the construction machinery industry and a member of the global top 50 construction machinery companies. It was founded in 1993 by 李新炎 in 福建龙岩. Its four main machine categories — loaders, excavators, forklifts and road rollers — along with skid steer loaders and core key components are presented as developing together. The company listed on the Hong Kong Stock Exchange main board in 2005.
History
中国龙工控股有限公司 is described as a leading enterprise in the construction machinery industry and a member of the global top 50 construction machinery companies. 龙工 was founded in 1993, when 李新炎 started the company in 福建龙岩. In 1999 it moved into Shanghai and established 龙工（上海）工业园. In 2003 it formed the 江西龙工 production base. In 2004 loader sales exceeded 10,000 units and the 龙工 brand loader received the 中国名牌产品 title. In 2005 it listed on the Hong Kong Stock Exchange main board, described as the first in China's construction machinery industry to do so. In 2006 it began its 二轮创业. In 2007 its CDM export series obtained CE certification and 龙工（上海）融资租赁有限公司 began operating; its stock (code 3339) entered two Hang Seng index series. In 2008 it first entered the global top 50 construction machinery companies at No. 40. In 2009 it ranked No. 24 and in 2010 No. 22 on that list. In 2011 annual sales exceeded 12.7 billion yuan and net profit exceeded 1.7 billion yuan. In 2014 loader market share remained No. 1 nationwide, forklift annual sales exceeded 20,000 units ranking in the domestic top three, and excavator business continued to advance.
- 2015
Launched N-series loaders with '1+1' value-added services; rolled out 3-series road rollers; core components sold externally in volume.
- 2014
Loader market share remained number one nationally; forklift annual sales exceeded 20,000 units, ranking top three in China.
- 2013
Pursued management, product and mechanism innovation; loader, excavator, forklift, roller and component sales ranked among industry leaders.
- 2012
Adopted strategy to lower expectations, reduce sales risk and operating costs amid market downturn.
- 2011
Annual sales exceeded RMB 12.7 billion; net profit over RMB 1.7 billion.
- 2010
Passed 'national military standard' certification; ranked 22nd in global top 50.
- 2009
Ranked 24th in global top 50; consuls general from Russia and five other countries visited.
- 2008
First entered global top 50 construction machinery rankings at 40th; donated RMB 5 million to Sichuan earthquake relief.
- 2007
Li Xinyan Charitable Foundation established; CDM export series obtained CE certification; Lonking (Shanghai) Financial Leasing began operations; stock code 3339 entered two Hang Seng Index series.
- 2006
Began 'second round of entrepreneurship'; established cooperation with MIT and Shanghai Jiao Tong University; products entered Middle East market in volume.
Products and positioning
One of the leading enterprises in the construction machinery industry, ranked among the "Top 50 Global Construction Machinery Manufacturers"
LG855H 5-ton loader
LG6225E G4 medium excavator
CPC(D)30-38E internal combustion forklift
LG526S9 road roller
CDM312 skid steer loader
Sources5 sources
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